Property gifts to retain lifetime use rights under proposed law
Bangladesh, Aug. 31 -- The government has moved to amend The Transfer of Property Act, 1882 to protect parents, grandparents and spouses who gift property to close relatives by allowing them to retain the right to use and enjoy the property throughout their lifetime.
The proposed change comes through the Transfer of Property (Amendment) Bill, 2026, which has been placed before the Jatiya Sangsad to address concerns over donors losing access to their homes and other properties after transferring them to family members.
Law, Justice and Parliamentary Affairs Minister Md Asaduzzaman introduced the bill on August 27, the opening day of the third session of the Jatiya Sangsad.
The bill was subsequently sent to the relevant parliamentary st...
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